Questions on Cryptocurrency PRIZM
PRIZM cryptocurrency was developed by the international public movement «Change the World Together» and was the Winner Of the award «time of innovation-2017» in the nomination «Project of the year» in the category «Blockchain and cryptocurrency».
The final issue 6 000 000 000 PZM. The initial issue 10 000 000 PZM it was distributed in the Genesis block.
A new implementation of the concept of cryptocurrency, allowing any user to easily and securely store and make money transfers directly, like the transfer of cash from hand to hand.
MISSION PRIZM
Developing a new approach to the architecture of fair money relations: rebalancing and fair distribution of funds among people around the world.
2) The current architecture and block size of PZM allow processing up to 367,200 transactions per day. Transactions are considered safe after 10 block confirmations.
3) Blocks are generated every 60 seconds on average, by accounts not blocked on network nodes.
4) Curve25519 Cryptography is used to balance security and required processing power along with the more commonly used SHA256 hashing algorithms.
5) The main tool for the development of the user network is «forging». All transactions within the system are subject to a Commission of 0.5%, but not less than 0.05 PZM and not more than 10 PZM, which is distributed among those network users who participate in the generation of new blocks in the Blockchain.
6) PZM includes implementation of Transparent Forging functions, which will increase transaction processing performance by two orders of magnitude using a deterministic block generation algorithm, combined with additional network security mechanisms.
7) In addition to Forging, redistributing coins, PRIZM implemented a unique technology ParaMining (Paramining), which ensures the growth of the number of these coins.
The three values are key to determining which account is eligible to create a block, and which block is considered authoritative during a conflict:
1. The base target value. To win the right to forge (generate) a block, all active PRIZM accounts «compete» by trying to create a hash value that is below a given base target value. This base target value changes from block to block and is derived from the base target value of the previous block multiplied by the amount of time it took to generate that block.
2. Target value. Each account calculates its own target value based on the current effective bid. This value is:
T = Tb х S х Be
где:
T new target value,
Tb the reference target value,
S time elapsed since the last block, in seconds,
Be an effective balance of the account.
As can be seen from the formula, the target value grows with each second that has elapsed since the time of the previous block. The maximum target value is 1.53722867 x 1017 and the minimum target value is half the base target value of the previous block.
This target value and the base target value are the same for all accounts trying to forge on top of some particular block.
The only certain account parameter is the effective balance parameter.
3. The total complexity. the Cumulative complexity value is obtained from the base target value, by the formula:
Dcb = Dpb + 264 / Tb
где:
Dcb the complexity of the current block,
Dpb complexity of the previous block,
Tb the base target value of the current block.
Generate new blocks in PRIZM can only:
1. members with more than 1 000 PZM on balance;
2. a computer that has a white IP address on the Internet;
3. software installed.
- 4GB RAM for Linux,
- RAM 8GB or more for Windows
- free space of 60 GB.
1 - Number of coins on your personal wallet,
2 - The number of coins in the wallets of the followers to 88 level.
3 - The complexity of production (PARATAX).
ParaMining starts with 1 and ends with 1 million PZM coins on the user's wallet. It generates new coins on the balance of the wallet, at the time of any transaction in the user's wallet and writes to the blockchain about it.
And in pyramid (in MMM so was), so as there there is matter, money are distributed from below upward on structure - I remain without money, and to I their received I need invite people, which accurately so same top up their accounts on certain sums.
in the network business, this is the usual business model, where there are commodity-money relations. I buy a product, the money goes to the owner of the company, and is distributed to the managers who contributed to this sale. If I want to make money in it, I become a link in this chain (distributor) and start selling goods.
in PRIZM nothing is distributed to anyone. A person buys with the help Of exchanges or Exchangers PRIZM, after which the process of mining new coins begins according to the linear-retrograde mechanism for determining the reward for storing funds-ParaMining (Paramining). And after the accumulation of a certain amount, there is a reverse conversion with the help of the same Exchanges or Exchangers.
Exchange / Exchanger | Description |
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Exchange LiveCoin.net today one of the most popular exchanges where you can easily exchange PRIZM for the following pairs: 1. PZM/USD (PRIZM / Dollar USA) 2. PZM/RUR (PRIZM / Rubl) 3. PZM/BTC (PRIZM / Bitcoin) 4. PZM/ETH (PRIZM / Ethereum) The administration of the exchange encourages its customers by distributing paramining with PRIZM held on the exchange account, once about every 1.5 months at a rate of 0.8% interest per day. More information can be found on the pages of the exchange. |
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Exchange HotBit.io is Chinese. Only cryptocurrencies are traded on the exchange. According to PRIZM there are the following pairs: 1. PZM/USDT (PRIZM / USDT*) 2. PZM/BTC (PRIZM / Bitcoin) 3. PZM/ETH (PRIZM / Ethereum) Exchange HotBit.io included in the top 35 crypto-exchanges in terms of trading volumes according to CoinMarketCap.com More information can be found on the pages of the exchange. *USDT - a crypto currency token issued by Tether Limited, which claims that its value is partially backed by us dollar reserves. Presented at BestChange.ru
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Exchange CoinTiger.one is the last one on which the listing of the PRIZM coin was. Included in the top 30 crypto-exchanges in terms of trading volumes according to the version CoinMarketCap.com Represented by currency pairs: 1. PZM/USDT (PRIZM / USDT). 2. PZM/BTC (PRIZM / Bitcoin). More information can be found on the pages of the exchange. |
Exchange BTC-Alpha.com this is the first exchange on which the cryptocurrency PZM (PRIZM) began trading. Pairs are represented on the exchange: 1. PZM/USD (PRIZM / USD). 2. PZM/BTC (PRIZM / Bitcoin). You can also exchange currency for electronic money: (Skrill; NixMoney; Perfect Money; Adv Cash; Epay) Most people go to trade on this exchange out of habit, than the exchange often abuses, periodically manipulating the rate in their personal interests. More information can be found on the pages of the exchange. |
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In addition to Exchanges and Exchangers there are so called Guarantors - people helping to make an exchange with a minimum Commission. BEFORE YOU MAKE AN EXCHANGE BE SURE TO READ THE RULES OF THE CHAT n a FIXED MESSAGE, scammers can act in the chat. DO not make an exchange if you are not sure, Blockchain does not forgive mistakes. |
Today, there are many points of reception PRIZM as a means of payment, it is online services and various entrepreneurs providing goods and services offline.
Below is a list that may be out of date.
Before making a purchase-sale carefully read the terms of the transaction and check the seller to be sure of this transaction:
(Important: pay attention to httpS, waLLet, prizM, so as not to become a victim of attackers creating clones of sites and stealing personal data):
- Go to the site in a private window,
- click on the «Registration» button,
- when you see the Private key generation window, you need to add 16 characters in Latin to different places of the key in the private key field.
- Once you add the desired number of characters - You will see a pop-up window with the full private key.
- You can also completely erase the generated words and come up with the entire key yourself. In this case, you must enter 118 characters in Latin after pressing «Sign in».
- Copy the private key to a secure location and duplicate it on paper. If you have lost or forgotten your private key-you have lost access to your funds forever.
Important: the Private key is not reset or restored.
- After Registration, you need to go to the Wallet and add the wallet Address and public key to the Private key.
2) Through the site https://prizm.space:
- Go to GitHub,
- Download and install Client for Windows and OS X,
- click on the «Registration» button,
- when you see the Private key generation window, you need to add 16 characters in Latin to different places of the key in the private key field.
- Once you add the desired number of characters - you will see a pop-up window with the full private key.
- You can also completely erase the generated words and come up with the entire key yourself. In this case, you must enter 118 characters in Latin after clicking «Sign in».
- Copy the private key to a secure location and duplicate it on paper. If you have lost or forgotten your private key-you have lost access to your funds forever.
Important: the Private key is not reset or restored.
- After Registration, you need to go to the Wallet and add the wallet Address and public key to the Private key.
- use mobile Internet (there is changing your ip),
- to connect to the Internet by wire, but not by WiFi,
- use the developer's PRIZM wallet client https://github.com/prizmspace/PrizmCore,
- use browser mode: incognito (when closing does not remember Your session),
- passwords to type on the on-screen keyboard of the licensed antivirus (when typing blocks other programs, Kaspersky has this),
- part of the passphrase is generated automatically, the other part must be invented and entered by hand,
- the resulting passphrase with asterisks ***, instead of the invented part, put in the password-protected archive, and the invented part-remember.
- the files to be stored on multiple flash drives,
- all the passphrase to print/write on paper, but to put *** instead of his invented phrase put in the safe.
Therefore, if it is lost - Then you have lost access to your wallet forever.
It remains only to create a new wallet and be more attentive to the private key.
Questions about the project PRIZM.BEST
The backbone of the PRIZM.BEST team is experienced Networkers who are always ready to provide you with support.
Such an Association does not need any registration, because it is not engaged in commercial activities, and does not need to open a Bank account.
1. Division into Passive andActive marketing
You are given 2 marketing complementary To each other:
- Passive - for those who just want to invest and/or those who don't want to build MLM structures.
- Active – for networkers «eager to fight» and ready to invite and invite...
2. Accessibility for people with small incomes
You are given the opportunity to start investing with small amounts and increase your investment portfolio as you accumulate funds and increase your appetite.
3. Security Of your funds
Your investments are on Your personal crypto wallets.
You are invited to build a structure for the best results, and not «investment pools», ie the pooling of funds in the account of the organizers, in order to increase the % of Paramining.
The only access You have!
1) You can use this project as an additional passive source of income, which does not require you to take any active actions. To do this, you should choose a marketing MONAR, i.e. building a structure in one line, under each other and buy the necessary amount of PRIZM, which will suit You, Paramining will do the rest.
2) You can use this project as an additional active source of income, the effectiveness of which will depend only on You. To do this, you should choose a marketing BINAR, i.e. building a structure on the principle: a maximum of 2 under each on the line down. This Marketing involves inviting at least two people, and the rest, if you invite someone else, will be activated already under the First two and so on.
3) You can use this project as an opportunity to realize yourself. To do this, you can apply to participate in the project in a particular role:
- speaker,
- Artist-designer, etc.
4) You can use this project as a pension Fund. depending On your ambitions and wishes, You will be able to accumulate or earn for yourself the amount of coins that You need in order to «retire early».
- or find the instruction in «Frequently asked Questions»,
- or contact your Invitee (Information Sponsor),
- or to our technical support.
1) Register on the site PRIZM.BEST,
2) Create a PRIZM wallet according to the instructions Above (see Question 16 and 17 On cryptocurrency PRIZM),
3) Buy the required number of PRIZM coins on the Exchange or Exchanger, according to the Marketing plan, so that the coins were «ready» for transfer to Your wallet (see Question 14 On cryptocurrency PRIZM),
4) Add the address and Public key of the PRIZM wallet you created in Your personal Account,
5) Wait for the activation of the wallet Predecessor, ie when You created and specified wallet will be transferred to the amount of 0.11 PZM from the Predecessor in Marketing, it is necessary to connect You to our structure in the Blockchain,
6) Transfer to The activated wallet pre-purchased coins on the Exchange or Exchanger,
7) Wait and Activate the next member by following the instructions,
8) Disseminate information about the project PRIZM.BEST.
We ourselves strive for diversity in this regard.
Moreover, for You, we plan to create and offer new additional sources of income.
1) Your funds on Your personal crypto-wallet, which only you have access to, you can install the PRIZM Node, for even greater security.
2) You can not have problems with the liquidity of the crypto currency, because it is traded on more than 4 exchanges, if you count the small ones that do not participate in the ratings.
In addition to Exchanges, there are also Exchangers, and even points of reception of PRIZM as a means of payment. In addition, there are «Guarantors», i.e. people with whom you can make P2P conversion (see Question 14 On cryptocurrency PRIZM),
As for the safety of Your funds, You have nothing to worry about in principle:
Your Deposit is on your personal wallet-it guarantees their safety, because we do not have access to Your wallet.
Although You can download and install the PRIZM Node for even greater safety. Also, you can continue to build your own structure.
Marketing Questions PRIZM.BEST
If we talk about the PRIZM affiliate program.BEST, then we have a number of advantages in marketing:
1. Low threshold Of entry into the BINAR, giving the opportunity to the most active, from among the poor, to participate in the BINAR and have additional income,
2. Coins in marketing are on Your personal wallet and do not depend on the Will of the owner of the wallet, in the case of investing in Pools.
Basic:
1. MONAR - building a structure of Followers in one line-under each other,
2. BINAR - build a Follower structure with doubling places on the next level: 2, 4, 8, 16, 32... and so on to level 88.
Auxiliary:
3. Line marketing - building a Follower structure based on who invited whom, this Marketing is built into the Previous 2 through a Referral fee system.
Direction | Transfer (PZM-coin commission) | ||||||
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Monar 50+ | Monar 500+ | Monar 5000+ | Monar 50000+ | Binar 100+ | Binar 1000+ | Binar 10000+ | |
Minimum balance*1 | 50 | 500 | 5 000 | 50 000 | 100 | 1000 | 10000 |
Administration fee*2 | 50,05 | 100,05 | 150,08 | 200,10 | 150,08 | 200,10 | 250,12 |
Referral fee*2, *3 | 10 0,05 5 0,05 3 0,05 |
30 0,15 14 0,07 6 0,05 |
150 0,75 70 0,35 30 0,15 |
300 1,50 140 0,70 60 0,30 |
30 0,15 14 0,07 6 0,05 |
150 0,75 70 0,35 30 0,15 |
300 1,50 140 0,70 60 0,30 |
Activation of the next participant*4 | 0,110,05 | 0,110,05 | 0,110,05 | 0,110,05 | 2 х 0,110,05 | 2 х 0,110,05 | 2 х 0,110,05 |
The amount of the fees for transfers*5 | 0,25 | 0,37 | 1,38 | 2,65 | 0,45 | 1,45 | 2,72 |
Subtotal: | 73,36 0,37 | 560,48 2,80 | 5 266,49 10 | 50 522,76 10 | 165,67 0,83 | 1 271,56 6,36 | 10 527,94 10 |
The amount of input*6 | 73,36 0,37 | 637,01 3,19 | 5 916,69 10 | 56 428,43 10 | 165,67 0,83 | 1 444,53 7,22 | 11 989,69 10 |
Referral rewards (PZM)*7 | |||||||
Sponsor 1 | 10,00 | 30,00 | 150,00 | 300,00 | 30,00 | 150,00 | 300,00 |
Sponsor 2 | 5,00 | 14,00 | 70,00 | 140,00 | 14,00 | 70,00 | 140,00 |
Sponsor 3 | 3,00 | 6,00 | 30,00 | 60,00 | 6,00 | 30,00 | 60,00 |
*1 Minimum amount, which should always be in the account to obtain a stable % of all participants premining structure
*2 You pay a one-time.
*3 The amount of referral fee goes to, as a share to Sponsors.
*4 Activated 1 participant for MONAR and 2 participants for BINAR.
*5 Commissions are taken into account for transfers are taken into account:
- Административного взноса,
- Реферального взноса,
- Активация следующего.
The Commission amount s 0.5% of the transaction amount, but not more than 10.00 PZM and not less than 0.05 PZM.
Even with a transaction of 1 million PZM, the Commission will be only 10.00 PZM.
*6 The amount of Input, which should come to Your wallet, taking into account further Transfers and commissions. Transfer fee for this amount
To calculate the exact amount of the Entrance of the MONAR is the addition of the amounts Input in previous branches with sum of input current, because the connection to the more expensive branches occurs sequentially with lower cost. All commissions are also taken into account. However, we strongly recommend that you transfer more than the amount indicated.*7 Bonuses are distributed to the higher sponsors specified in the Personal Account.
1. MONAR - for those who are not confident in their abilities, or for those who do not know how or do not want to invite people, and want to just put and not bother...
2. BINAR - for active, purposeful people who want to share information about the project and have additional bonuses for the development of the Structure.
3. having wallets in MONAR and BINAR is a great way to redistribute your funds.
However, we recommend activation in a larger branch after activation in a smaller.
This is recommended solely for social reasons, so that the wealthier can thus help the less wealthy, keeping a small amount in his own account in a branch less favorable to him.
Here, there is also the expectation that those who are in a lower-cost Branch will be able to develop their wallet and subsequently move to a larger one, thereby becoming a structure for those who entered the larger Branch earlier.
Those. It turns out, at first the richer helped the less wealthy to get a higher % of ParaMining, and then vice versa, while the richer ones will have more benefits, because The branch following the sum is higher, and therefore the % ParaMining is also higher.
1. This is done so that many segments of the population can afford to invest , i.e. the more people you invite, the higher your reward, due to the number of people.
2. Moreover, due to the volume of PZM in Your structure, Your % of paramining will increase due to the Multiplier parameter,
3. Yes, you may not get every second benefit from the invitee, but you will help him to start earning income in PRIZM, and if your invitee decides to invest in Monare in more expensive branches, you will also receive rewards, according to marketing.
4. Here still not worth forget, that < b>those Your people, which have been able enter in project and received outcome will invite army their known, friends and relatives.
I hope that here You will be able to calculate their Benefits.
1. When you activated in MONAR 50+ and Your invitee activated in MONAR Branches 500+, 5 000+, 50 000+, BINAR 100+, after what, You so same activated in these Branches.
2. When you activated in BINAR 100+ and Your invitee activated in MONAR Branches 50+, 500+, 5 000+, 50 000+, after that, You also activated in these Branches.
3. When you activated in MONAR 50+ and BINAR 100+ and your invitee activated in MONAR Branches 500+, 5 000+, 50 000+, after that, You also activated in these Branches.
4. When you were activated in MONAR 50+, 500+ and BINAR 100+, And your invitee was activated in MONAR Branches 5 000+, 50 000+, after that, You were also activated in these Branches.
5. When you activated in MONAR 50+, 500+, 5,000+ and BINAR 100+, And your invitee activated in the MONAR 50,000+ Branch, after which, You also activated in this Branch.
6. In all similar situations.
7. If you decide to activate an additional wallet in one of the Branches, after the registration of Your invitee.